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The impact of Hanjin on air freight

September 20, 2016

With approximately US$12 billion in cargo still at sea, airfreight forwarders and carriers alike are poised and ready to act should modal shift be required to make on-time peak season deliveries. So far, most shippers and forwarders seem to be playing a waiting game – hoping for a resolution that will allow them to get their cargoes to the intended destinations in time for the holiday season without having to make the costly move to air. But there is a limit to how long they can wait, and unless that resolution comes soon, some modal shift is almost inevitable.